DIIs keep markets in green as FIIs return to selling mode on June 19

Domestic institutional investors (DIIs) provided support to Indian equities on Monday, helping benchmark indices close higher despite continued selling by foreign investors.

According to provisional exchange data, foreign institutional investors (FIIs) were net sellers of equities worth ₹635.91 crore during the session. In contrast, DIIs remained net buyers, purchasing shares worth ₹1,035.72 crore.

The trend marked a reversal from Friday, when FIIs had recorded their strongest single-day buying since February, while domestic institutional investors emerged as net sellers.

The buying support from domestic investors helped the market extend gains. The BSE Sensex rose 291 points, or 0.38%, to close at 77,094, while the NSE Nifty50 gained 90 points, or 0.37%, to settle at 24,102.

Banking stocks provided key support to the benchmarks, with the Nifty Bank index advancing 250 points to end at 57,936. Broader markets also remained firm, with the Nifty Midcap index gaining 212 points to close at 62,729.

Sectorally, information technology and pharmaceutical stocks led the gains

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The rupee, however, weakened against the US dollar. The domestic currency depreciated 34 paise to close at 94.67 (provisional), pressured by strength in the greenback in overseas markets.

How was last week?

The latest trading session follows a week in which DIIs remained the market's key support pillar. During the week ended June 19, domestic institutional investors recorded cumulative net purchases of ₹7,107.89 crore.

Foreign investors, meanwhile, remained volatile, alternating between buying and selling through the week. FIIs ended the period with net inflows of ₹3,386.33 crore, largely aided by a ₹4,859.07 crore purchase on June 19 — their strongest single-day buying since February.

Despite the recent inflows, the broader trend remains one of caution. Foreign investors have been net sellers in recent months amid concerns over valuations, geopolitical tensions and pressure on the rupee. So far in 2026, FIIs have pulled out roughly $26 billion from Indian equities, underscoring the growing importance of domestic flows in supporting the market.